Mark Zuckerberg testimony released ahead of US Congress appearance

The Facebook CEO is in the nation's capitol Monday morning for meetings ahead of the testimony. Bill Nelson (D-Fla.) on Capitol Hill, April 9, 2018.

Zuckerberg also apologized for being "too slow to spot and respond to Russian interference" during the 2016 USA presidential election.

He will also likely face questions about ads and posts placed by Russian operatives, in what United States authorities believe was an attempt to influence the USA 2016 election.

The 33-year-old internet mogul is scheduled to appear at 2:15 p.m. local time before a joint hearing of the U.S. Senate's Commerce and Judiciary committees.

Shares in Facebook are down more than 14 percent since the Cambridge Analytica scandal broke last month. "The company really is at a moment of reckoning", he told NPR.

The statement comes as Zuckerberg prepares to face tough questions in the US Congress tomorrow over how Facebook was potentially used to spread fake news around the privacy breach and whether it was used to sway the 2016 presidential election.

In a secret complaint filed with the Securities and Exchange Commission, wildlife preservation advocates allege that Facebook's failure to stop illicit traders using its service for illegal activity violates the social network's responsibilities as a publicly traded company.

Facebook has rolled out a series of changes on its platform in recent weeks aimed at bolstering data privacy and advertising transparency.

Facebook is also informing the 87-million users who might have had their information shared with Cambridge Analytica, a data-mining firm affiliated with the Trump campaign, acquired millions of profiles to build a program to predict, and potentially influence, how people vote.

"The investigation will consider whether Facebook has breached the Privacy Act".

However, if you are not affected then you will get a notification which discusses a new feature which enables the Facebook users to control which apps can access their personal data.

The social network also acknowledged additional security weaknesses, including one that it said may have allowed "malicious actors" to collect the public profile information on "most people".

"Using as expansive a methodology as possible, this is our best estimate of the maximum number of unique accounts that directly installed the thisisyourdigitallife app as well as those whose data may have been shared with the app by their friends", the company said.

Mr Zuckerberg's main task may be to persuade members of Congress and millions of Facebook users that their information will be safe on the platform.

There were some pretty big flaws in Facebook's system (and Cambridge Analytica lied about what they were doing), which is why 311,000 Australians have had their data accessed by Cambridge Analytica, even though... we don't vote in...

The controversy represents "the darkest chapter in Facebook's 14-year history", GBH Insights analyst Daniel Ives wrote in a research note. A few scholars say Facebook has so much influence over media and society that the US government should consider taming its dominance by forcing it to spin off Instagram, WhatsApp or other businesses.

Associated Press reporters around the world have been surveying users, none of whom has reported seeing anything from Facebook.

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